Should lawmakers end subsidies and tax loopholes for big oil companies?

Should lawmakers end subsidies and tax loopholes for big oil companies?

Created by m1lkrun
Vote, Share and Send to decision makers

Qwanz it

Exert influence. Send this poll to journalists, elected officials, government agencies, or corporations.
If the votes aren't there yet, spread the word.
84 people have spoken
Embed This Poll On Your Site
Want to feature this poll on your site or blog? We make it easy! Just follow the link to create your own Qbloc. Customize the look, copy the code, and embed the poll on your blog or site.
Learn more
1. Vote
 
 
 
2. Comment

Last year, during dire economic times for most everyone, the oil industry was able to get more than $4 billion in tax breaks. What is particularly disturbing about this is the fact that on that same year, the biggest five oil companies alone raked in about $76 billion in profits. Not only that, for this quarter Exxon reported a 40% increase in profits compared to last year’s while Chevron reported profits for the quarter that are double of their profits last year. That’s $ 4 billion in tax breaks that could have gone to federal coffers but didn’t.




Discuss this topic

Loading

Error

  • Choose a picture:  

    Choose Media:

    attached media